Security guards, supervisors and cashiers targeted by new round of redundancies

The rising popularity of internet shopping is sending several high street retailers into administration. (Credit: Reuters)

An internal memo leaked by The Times reveals that Hilco, which earlier this month purchased HMV from administrators Deloitte, is focusing on sacking security guards, cashiers and supervisors in a new round of job cuts.

Security guards in particular will be targeted for redundancy, with the memo revealing that only HMV stores dubbed "high risk" will continue to employ security staff. Cashiers at all but 30 of the top performing HMV outlets will also face possible redundancy as Hilco looks to save £7.8m on the struggling chain's annual payroll.

The memo also explained that HMV will hire more part-time staff and that as cashiers are laid off, managerial-level employees will be expected to work behind the tills.

HMV follows a trend of high street entertainment retailers falling into administration. In April, 2012 GAME Group, which oversees retailers GAME and Gamestation, had to be rescued from bankruptcy by the OpCapita Group, safeguarding around 3,200 jobs.